Recertification

Recertification

Hands tying on keyboard

WHY RECERTIFY?

Financial crime is in a state of constant change which means financial crime specialists must always be up-to-date on the latest methods and techniques used in financial crime compliance. In order to do this, ACFCS requires certified financial crime specialists to hone their abilities by recertifying and continue to earn qualifying education credits.

To recertify, Certified Financial Crime Specialists must document 60 continuing education credits over the course of three years, earned through training, education and professional experience, and be a current member at the time of recertification. By recertifying, professionals demonstrate their dedication to high standards in financial crime detection and prevention.

HOW TO BEGIN RECERTIFICATION

STEP
1

Applicants must submit a completed application with signed affidavit

STEP
2

The recertification fee of $150 should be paid online through the member portal by logging in through learn.acfcs.org. Members may also request an invoice by sending an email to certification@acfcs.org

STEP
3

An active ACFCS membership is required for the duration of the member’s certification cycle and at the time of recertification. Please note that the recertification fee and membership fee are separate.

CONTINUING EDUCATION CREDIT REQUIREMENT

Recertification Activity Matrix

Activity Credits Credit Limit

ACFCS Membership
Uninterrupted ACFCS membership over the three-year recertification cycle. Members are encouraged to actively engage in member benefits including reading member-only content, attending events, and participating in other learning and networking benefits.

3 Per Year

9

Professional Experience
Full-time experience in fields related to financial crime compliance.

10 Per Year

30

Training
Attendance at a conference, workshop, seminar, web seminar, symposium, or education or training session on financial crime topics.

 

1 per 60 minutes

Unlimited

Professional Certification
Professional certification earned within the 3-year recertification cycle. These include CAMS, CFE, CIA, or similar credentials with a connection to the financial crime compliance field.

5 per license

10

ACFCS Chapter Board
Active participation on an ACFCS Chapter Executive Board.

2 per year

6

Event Speaker
Participation as a speaker at an ACFCS conference, seminar, webinar, or workshop.

1 per 60 minutes

Unlimited

Authoring Content
Authoring an article or other content for ACFCS publications, products, or initatives

2 per publication

Unlimited

Authoring Content
Participation on a Task Force or Committee supporting ACFCS projects and programs.

2 per engagement

Unlimited

RECERTIFICATION DEADLINE

The CFCS recertification deadline is December 31 on the 3rd year from when the CFCS credential was earned. Recertification candidates are required to submit a completed recertification application and recertification fee no later than the December 31 deadline.

  • SUPPORTING DOCUMENTATION

    Applicants will need to provide information regarding their earned credits through the recertification activity matrix. Applicants do not need to include supporting documentation with the recertification application but are advised to retain copies of their supporting documents, should ACFCS request them as part of the recertification audit which takes place each cycle.

  • Professional Experience:

    Current CV letter from employer


    Training:

    Certificate of participation letter from event organizer


    Professional Certification:

    Copy of certificate letter from certifying body


See What Certified Financial Crime Specialists Are Saying

"The CFCS tests the skills necessary to fight financial crime. It's comprehensive. Passing it should be considered a mark of high achievement, distinguishing qualified experts in this growing specialty area."

KENNETH E. BARDEN 

(JD, Washington)

"It's a vigorous exam. Anyone passing it should have a great sense of achievement."

DANIEL DWAIN

(CFCS, Official Superior

de Cumplimiento Cidel

Bank & Trust Inc. Nueva York)

"The exam tests one's ability to apply concepts in practical scenarios. Passing it can be a great asset for professionals in the converging disciplines of financial crime."

MORRIS GUY

(CFCS, Royal Band of

Canada, Montreal)

"The Exam is far-reaching. I love that the questions are scenario based. I recommend it to anyone in the financial crime detection and prevention profession."

BECKI LAPORTE

(CFCS, CAMS Lead Compliance

Trainer, FINRA, Member Regulation

Training, Washington, DC)

"This certification comes at a very ripe time. Professionals can no longer get away with having siloed knowledge. Compliance is all-encompassing and enterprise-driven."

KATYA HIROSE
CFCS, CAMS, CFE, CSAR
Director, Global Risk
& Investigation Practice
FTI Consulting, Los Angeles

HAVE QUESTIONS ABOUT THE
RECERTIFICATION PROCESS?